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Gold gained over 2% to about $3,954 as the US dollar weakened and crude prices fell on hopes of a diplomatic exit from the US-Iran conflict. The dollar index was down 0.27% at 101.68 and the 10-year Treasury yield fell to 4.871%.
Falling oil prices and a softer dollar reduce inflation and energy cost pressure, which affects feed input economics. The move is a routine price update driven by the same energy and currency factors as other market wraps.
fxstreet.comChristian Borjon ValenciaNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
